College Mathematics for Freshmen [ 1948 ] (Arithmetical operations, approx. numbers, & square root, Tables of measures and simple formulas, Percentage, profit and loss, and simple interest, Algebra- fundamental operations, Factoring and fractions, Simple and fractional equations, Literal equation and the formula, System of the first degree equations, Graphs, Exponents and radicals, Quadratic and system of quadratic equations, Logarithms, Partial payments and discount, Compund interest, annuities, installment buying, Ratio, proportion, and variation, Numeral Trigonometry- right triangle, oblique triangle, Solid geometry)

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You know those days when you really love what you do for your career. This article is about just one of those days. I did a deal for a client that Discount Factoring was the absolutely perfect option for his business and everything went off without a hitch.

The client services the major industry providers for Telecom in the country. Over the last 3 years he has been a two man operation. Due to some changes in that industry, they are just starting some major overhauls of systems and that is what this mans company does. Since he had been working with these companies for the last few years and they like his work he has become a preferred supplier of service for them.

On the outside looking in it looks like a great success story, right? Consider this. Now he has to hire more staff, more equipment and travel more. The terms of collection are net 60 so it will be 2 months before he gets paid for services rendered today. He has to pay for supplies net 30 and the employees are to be paid bi-weekly.

This is a common problem of cash flow, and is a major hurdle for companies when they experience rapid growth. Of course the first reaction is to go to the bank and get an Operating Line of Credit. Unfortunately, the bank did not look favorably on the application and denied it promptly as there was insufficient financial data to satisfy the bank guidelines.

The Solution: Small Business Factoring. I set the company up with a Line of Credit using the Accounts Receivable as security and the advance rate is 85% of what ever he has in open AR.

It took less than 1 week from the time I received the application until it was funded. The client was very pleased and now he can do as much work for the Telecom Industry as they want him to do without fear of now being able to have the cash flow to sustain the funds sitting is AR.

Author: Wade Henderson

Wade Henderson

Wade Henderson is a recognized Expert in Business Finance with over 14 years Experience in the Commercial Lending Field and a strong reputation for getting the deal done. Visit his Commercial Finance Website to put his experience to work for you.

Discounting Factoring * Commercial Factoring * Receivable Factoring * Invoice Factoring

Be sure to View Pro-BargainHunter.com and IMMFinancial.com for more information.

Article Source: http://EzineArticles.com/?expert=Wade_Henderson

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Factoring-Loan.net was created as a forum to help get the word out and provide a resource for companies to refer to to assist with this process. Factoring Loan | Invoice Factoring | Discount factoring | Accounts Receivable Factoring

Discount Factoring

Today I had the pleasure of putting together an Invoice Factoring deal for a client that was the perfect solution for his company. These are the days I really like and that make me feel good about my career.

Small Business Factoring

by Wade Henderson. You know those days when you really love what you do for your career. This article is about just one of those days. I did a deal for a client that Discount Factoring was the absolutely perfect option for his business

Technorati Tags: account receivable, discount, factoring, loan, loans, small business